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Word Of God Trust Bank Group
In this Group: Agustine Kofi, Yakubu, Adwoa, Augustine, Veronica, Esther, Martha, Esther, Joyce, Grace
In a group of 10 made up of nine women and a man, Augustine, who is 53 years old, leads the group to access the loan capital. He also organizes them for group meetings and ensures that all repayment schedules are met accordingly.

Industrious Augustine is the father of six children who are between 8 and 20 years old. He says all are currently in school. As the bread winner, Augustine works very hard to ensure that the needs of his family are adequately met. He is into poultry farming. It is his desire to give all of his children the best education he can afford. Having been in the poultry rearing business for three years, Augustine intends to save and put up a building to house his family.

Most of the group members are into all kinds of trading activities. The group requests for a loan amount to enable them to procure goods and raw materials in bulk to revamp their businesses.

Additional Information

This is a Group Loan

In a group loan, each member of the group receives an individual loan but is part of a larger group of individuals. The group is there to provide support to the members and to provide a system of peer pressure, but groups may or may not be formally bound by a group guarantee. In cases where there is a group guarantee, members of the group are responsible for paying back the loans of their fellow group members in the case of delinquency or default.

Kiva's Field Partners typically feature one borrower from a group. The loan description, sector, and other attributes for a group loan profile are determined by the featured borrower's loan. The other members of the group are not required to use their loans for the same purpose.

About Ghana

  • $2,643
    Average annual income
  • 8
    View loans »
    Ghana Loans Fundraising
  • $10,839,425
    Funds lent in using Kiva
  • 1.6
    Ghana Cedis (GHS) = $1 USD

Success!! The loan was 100% repaid

A portion of Word Of God Trust Bank Group's $2,625 loan helped a member to purchase poultry feed.
100% repaid
Repayment Term
7 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Sep 22, 2011
Listed
Oct 9, 2011
Currency Exchange Loss:
Possible
Ended:
Mar 15, 2012